Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lowered its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 8.0% in the third quarter, Holdings Channel.com reports. The fund owned 74,695 shares of the semiconductor company’s stock after selling 6,503 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $34,075,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Tiger Global Management LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 49.4% during the first quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock valued at $1,880,717,000 after purchasing an additional 1,839,600 shares during the period. Fundsmith LLP acquired a new position in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at $548,465,000. Assenagon Asset Management S.A. bought a new position in Taiwan Semiconductor Manufacturing in the second quarter worth $490,461,000. Perseverance Asset Management International lifted its position in Taiwan Semiconductor Manufacturing by 1,453.9% in the first quarter. Perseverance Asset Management International now owns 446,505 shares of the semiconductor company’s stock worth $150,896,000 after purchasing an additional 417,771 shares during the period. Finally, DJE Kapital AG bought a new position in Taiwan Semiconductor Manufacturing in the first quarter worth $118,389,000. Institutional investors own 16.51% of the company’s stock.

Insider Activity

In other news, VP Bor-Zen Tien bought 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was acquired at an average price of $73.06 per share, for a total transaction of $73,060.00. Following the transaction, the vice president directly owned 14,051 shares of the company’s stock, valued at $1,026,566.06. This trade represents a 7.66% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Lipen Yuan bought 350 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were purchased at an average price of $73.58 per share, with a total value of $25,753.00. Following the transaction, the vice president directly owned 2,000 shares in the company, valued at $147,160. This represents a 21.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders bought 8,043 shares of company stock worth $598,956. 1.11% of the stock is owned by insiders.

Taiwan Semiconductor Manufacturing News Roundup

Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:

• Positive Sentiment: TSMC’s latest results were described as another blowout quarter, with management raising its outlook as demand for advanced chips continues to exceed available capacity. High-performance computing reportedly generated about 68% of quarterly revenue, underscoring the company’s exposure to AI data-center spending. The Most Important Number in Taiwan Semiconductor’s Earnings Report Was 68%
• Positive Sentiment: Analysts and financial commentators continue to view TSMC as a major long-term beneficiary of the AI buildout, citing its leadership in advanced-node foundry manufacturing and strong data-center demand. Several reports characterize the recent pullback as a buying opportunity, and Zacks upgraded TSM to a No. 1, or Strong Buy, ranking. TSMC Upgraded to Strong Buy
• Positive Sentiment: Reported plans for Nvidia’s next-generation high-bandwidth-memory base dies to use TSMC’s 3-nanometer process could strengthen the foundry’s strategic role in AI chips. Broader growth forecasts for FinFET, 3D integrated circuits, and wafer-foundry services also point to expanding demand for TSMC’s manufacturing capabilities. Nvidia Wants Top Memory Makers to Use TSMC for Next-Gen HBM Base Dies
• Neutral Sentiment: TSMC is investing billions to expand production in the United States. The investment supports customer diversification and long-term capacity growth, but overseas-fab construction and the ramp of newer 2-nanometer technology may temporarily pressure gross margins.
• Negative Sentiment: The broader AI-stock sell-off remains a risk. Concerns about AI financing, stretched valuations, and the unwinding of crowded semiconductor positions recently pressured TSMC despite management’s assessment that demand is “extremely robust.”

Taiwan Semiconductor Manufacturing Price Performance

TSM stock traded up $6.60 during trading on Tuesday, hitting $426.82. The company had a trading volume of 7,634,806 shares, compared to its average volume of 13,063,629. The company has a fifty day moving average price of $434.73 and a two-hundred day moving average price of $418.40. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.14. The company has a market cap of $2.21 trillion, a P/E ratio of 27.49, a P/E/G ratio of 0.85 and a beta of 1.37. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $266.82 and a fifty-two week high of $487.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Tuesday, September 8th. The semiconductor company reported $4.62 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The firm had revenue of $46.87 billion for the quarter. Equities research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.90 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be issued a $1.0854 dividend. This represents a $4.34 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, December 10th. This is a negative change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing’s payout ratio is currently 22.27%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 7th. TD Cowen raised their price objective on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a report on Friday, July 17th. Stifel Nicolaus began coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They set a “buy” rating and a $515.00 price objective for the company. Wall Street Zen lowered shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Zacks Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $528.78.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a dedicated semiconductor foundry headquartered in Hsinchu, Taiwan. The company manufactures integrated circuits for customers that design their own chips, allowing semiconductor, electronics, and technology companies to outsource production rather than operate their own fabrication facilities.

TSMC provides wafer fabrication services across a broad range of process technologies, including advanced nodes used in high-performance computing, smartphones, automotive systems, and artificial intelligence applications.